Why order a container load of gear when creditors are hammering on the door? Look at the B2B thread, why was he cheaper than everyone else? Why so many giveaways when in trouble? Even gave a Grainfather away one time? Bad management or a planned strategy who knows?
I don't know anything about this. Before my time. However, if he was already in financial trouble, importing a container (presumably from King Keg) didn't cause him to go bust, he was already going that way.
It's unlikely that the importation of goods led to financial trouble, its failing to run the business profitably that causes the problems, and of that, there's many reasons.
Seems the creditors they wanted to keep onside got their money, I don't know about the rest.
Creditors who are owed the most have the most leverage.. It costs money to apply to wind up a company (assuming its incorporated) about £750 atm I think, plus you have to serve a statutory demand first, which is best served by solicitors to show you're serious, that's about £250, and there's a qualifying minimum debt (to stop companies having to fight the application for trivial amounts. So if you're a minor creditor owed not much more then the minimum, your best bet is to work with them and hope they can trade their way out of trouble. If you're owed less then the minimum, you don't have a choice. Hopefully, they'll make some payments when they can and reduce the debt, before someone gets impatient and pulls the plug.
However, if a creditor is supplying essential goods and services that the debtor can't do without, then they have to be prioritised because otherwise they stop supplying and you go out of business anyway. Some creditors don't like others being prioritised and wind up the debtor which means everyone loses. When a business is wound up, no one gets everything they're owed.
The container just added to the creditor's list and not surprisingly who was at the top of the creditor's list, Bevie!
I don't understand the connection between Bevie and this theoretical container. At this point you're saying B2B was KKs distributor? In which case Bevie may have been a creditor. But unless Bevie paid B2B in advance for KK products, I don't see the relevance of any imported container to B2Bs indebtedness to Bevie.
Not that it matters its history now I'm sure
Since the Brits took over Bevie from the Kiwis it doesn't seem to have done anything apart from remodeling the Grainfather.
I must admit to finding this statement racist. Firstly 'the Brits' didn't take over Bevie. Some people who may be British may have taken over Bevie, but it wasn't 'the Brits', just like it wasn't 'the French', 'the Asians' 'the Chinese ', or 'the blacks'. Secondly, the nationality of the owners won't have had any bearing on decisions they take regarding strategy or operation of the business. Similarly, unless Bevie was publicly owned in New Zealand, it's wrong to say the business was taken over "from the kiwis". Just because a business is incorporated in a country does not mean the owners have that nationality.
Your connection with what you obviously think is poor business decisions or poor management of Bevie (as indicated by your choice of words), with the nationality of the owners makes it racist.
On another point, what is YOUR connection with King Keg. You've said things like you've asked for us guys (if something can be done), and you stated the value of the mould for the PET fermenter, something that is usually confidential, so how do you know these things, and what lines of communication do you have with King Keg? I'm curious.
The Brits paid the Kiwis a lot of money and took up the reigns of Bevie they don't appear to have done much at all. They have taken delivery of about 10 or so containers from Keg King since becoming trading partners.
Alarm bells did ring when I saw you were burning the midnight oil to give a detailed reply.
